Posted on 31 October 2002
Issue 3 (May 2001)of the Sharing Across Across Boundaries series, a resource for ecoregion conservation practitioners.
Economics is an essential tool for biodiversity conservation. Called green economics when applied to the conservation of natural resources, economics helps conservationists identify the economic causes of biodiversity loss, assess the costs and benefits of biodiversity loss, and define market- or policy-based incentives to overcome threats to biodiversity. This document reviews how to integrate economics into ecoregion conservation and shares some of the ideas and lessons that have emerged from WWF economic initiatives (such as GREEN and Root Causes). It also presents innovative ideas for using market- and policy-based economic incentives to encourage conservation behavior.